718 Bloomingrove Drive

Rensselaer NY 12144

3539 sq. ft.

13939.2 sq. ft.

Duplex

Currently for sale - view listing

Overview

Fully renovated 4-unit property offers an excellent investment opportunity, generating $56,400 in rental income annually w/ a 7.8% cap rate. Located in a thriving area, it is within walking distance to Stewarts, the CDTA Park + Ride, & many other conveniences. Close to shopping, dining, major highways, and downtown Albany. Two small 1-bed apartments & one large 1-bed apartment on 2nd floor. 1st floor features a spacious 2-3 bedroom unit w/ 2 full baths, office, & laundry room, making it ideal for owner-occupancy. Recent updates include a new roof, septic system, & water treatment system, along with fully renovated kitchens and bathrooms in all units. The property also includes a large 2-car garage w/ extra rental income potential. This is a fantastic opportunity to own in a booming area.

Features

6 bedrooms

5 bathrooms

10 carspaces

2 garage spaces

3539 sq. ft. floor area

13939.2 sq. ft. lot size

Duplex

Property history for 718 Bloomingrove Drive

2001

Sold

$141,000

14 Dec 2001 by Janet Alber, of Coldwell Banker Prime Prop.

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